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Sphinx_Trading

DXY: Reached 102.500 Demand Bullish

Long
U.S. Dollar Index (TVC:DXY)  
Sphinx_Trading Updated   
TVC:DXY   U.S. Dollar Index
Chart Patterns Trend Analysis Beyond Technical Analysis
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chartpattern trendanalysis beyondta
- Price reached 102.500 demand and swept the liquidity below 103.0 and started going bullish.
- Also we can see liquidity been built above the last descending channel (sign of reversal).
- Huge imbalance formed by the last supply area at 106..0.
Trade active
Comment:
- Daily bullish closure with a new high after correction to 103.0 levels.
Comment:
- New high at 104.0 levels with strong bullish closure.
Comment:
- Price created a decent correction for the last bullish move.
- Daily bearish closure with bullish pressure.
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